Trading idea for this weekend - Till Monday
Many traders use to place their stop loss right above EMA50 where two liquidity pools were spotted recently in lower time frame. So there is a high possibility that market makers will go for it. So why not be prepared and use that kind of information as an advantage ?
So what trades Iam looking for, in this Weekend ?
Long scalp with tight stop loss below MA200 weekly and take profit order at Liquidity Pool 1
Short scalp at Liquidity pool 1 region with tight stop loss above liquidity pool 2 region. TP will be open in this case
The real move will start from the beginning of the incoming week, CPI & FOMC coming. Big update as always in the Sunday report
